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Archive for February 27th, 2007

Rosneft urges RF oil companies to develop Far Eastern offshore fields

Rosneft President Sergei Bogdanchikov believes Russia's oil companies Surgutneftegaz, Lukoil and others should take part in exploration and development of offshore fields in the Far East.
He pointed out that mostly foreign oil companies operate in the Sakhalin Island.
"We would be glad if our Russian partners join us," he said.

Tuesday, February 27th, 2007

Russia, Japan in constructive talks on cooperation expansion

Russian Prime Minister Mikhail Fradkov has expressed satisfaction with the way his official visit to Japan is underway. Fradkov noted on the results of his talks with former Prime Minister of Japan Yoshiro Mori and Speaker of the House of Representatives of the country's parliament Yohei Kono that Russia and Japan are engaged "in a [...]

Tuesday, February 27th, 2007

Kuril dispute affects trade relations

Russia's prime minister urged Japan Tuesday not to allow a long-standing territorial dispute block bilateral trade or hinder economic relations.
Russia and Japan have contested the ownership of the Kuril Islands for over 60 years. Japan maintains that their seizure by the Soviet Union at the end of World War II was illegal, and the dispute [...]

Tuesday, February 27th, 2007

Second Phase of ‘Sakhalin-2′ Project Completed by 80%

The second phase of Sakhalin-2 Project is 80% complete. The platform 'Piltunskaya-B' is to be installed in Piltun Bay in summer 2007.
'With its help we will be able to extract 70 thousand barrels of oil and 92 million tons of gas per day. Upper supports of the platform weigh 28 thousand tons, its installation will [...]

Tuesday, February 27th, 2007

Sakhalin I oil and gas project undecided on transport strategy

Shareholders in the Sakhalin I oil and gas project in Russia's Far East and regional authorities disagree on the best method of transporting the gas, the governor of the Sakhalin Region said Tuesday.
Ivan Malakhov said transporting the liquefied natural gas by sea is more advantageous than constructing a gas pipeline to China, which is favored [...]

Tuesday, February 27th, 2007

South Korea opens consular office in Yuzhno-Sakhalinsk

The Consulate General of the Republic of Korea in Vladivostok has opened its office in Yuzhno-Sakhalinsk on Tuesday, the press service of the committee of international, external economic and regional relations of the Sakhalin Region reported.
Two South Korean diplomats and eight local residents will work at the consular office. The office will be engaged in [...]

Tuesday, February 27th, 2007

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